Mercer International Inc (NAS:MERC)
$ 10.18 -0.17 (-1.64%) Market Cap: 680.53 Mil Enterprise Value: 2.04 Bil PE Ratio: 0 PB Ratio: 1.19 GF Score: 83/100

Q4 2021 Mercer International Inc Earnings Call Transcript

Feb 18, 2022 / 03:00PM GMT
Release Date Price: $13.13 (-0.91%)
Operator

Good morning, and welcome to Mercer International's Fourth Quarter 2021 Earnings Conference Call. On the call today is David Gandossi, President and Chief Executive Officer of Mercer International; and David Ure, Senior Vice President, Finance, Chief Financial Officer and Secretary. I will now hand the call over to David Ure.

David K. Ure
Mercer International Inc. - Executive VP, CFO & Secretary

Good morning, everyone. I would like to remind you that in this morning's conference call, we will make forward-looking statements. And according to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, I'd like to call your attention to the risks related to these statements, which are more fully described in our press release and in the company's filings with the Securities and Exchange Commission.

We achieved record EBITDA in Q4 on strong pulp and lumber sales volumes, high energy sales prices, a much lighter scheduled maintenance program when compared to Q3 and the settlement of the business interruption insurance claim

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